Making Money | Nation of savers

August 14 2017 - 5:30am

It looks like we’re a nation of savers, with one in three Australians planning to save their tax refund. It’s a smart move, but there are plenty of other ways to supersize the value from your tax refund. The big questions is what do you do with your refund? According to Finder research, 31 per cent of us will save the cash, and 10 per cent will use it to pay a bit extra off their mortgage. These are both sensible strategies. However, with interest rates so low on deposit accounts and home loans, there are other ways to use a tax refund.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Wodonga news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.